Blog.

Convertible notes remain a powerful seed financing tool, especially for tech and biotech startups not ready to set a valuation. But before diving into legal documents, founders should focus on negotiating a clear, founder-friendly convertible note term sheet.

TL;DR: Raising venture capital is a critical milestone for many startups, and having the right legal partner can make or break your success. A great venture capital attorney brings not only deep expertise in fundraising transactions but also the judgment, modeling skills and strategic insight to protect your startup’s interests and set the stage for…

TL;DR: Equity distribution is a crucial decision for startup founders, impacting ownership, team incentives and investor funding. Founders should strategically allocate equity among co-founders, employees and investors while planning for dilution and maintaining control. Key considerations include structuring fair founder splits, creating a stock incentive pool (typically 10-20% of equity), implementing vesting schedules to protect…

TL;DR: Startup founders and investors can potentially exclude up to 100% of capital gains from federal taxes on the sale of Qualified Small Business Stock (QSBS), resulting in tax savings of up to $10 million (or more in some cases). To qualify, the stock must be originally issued by a C-corporation, held for at least…

TL;DR: Managing legal expenses is critical for startups to avoid costly mistakes and set the foundation for growth. Engage the right startup-focused lawyer early to align legal strategy with your goals and prioritize legal needs based on your startup’s growth stage. Use fixed-fee services for predictability, maintain organized legal documents, and build a strong, trust-based…